// Numbas version: exam_results_page_options {"name": "Index Numbers", "feedback": {"showtotalmark": true, "advicethreshold": 0, "showanswerstate": true, "showactualmark": true, "allowrevealanswer": true}, "timing": {"allowPause": true, "timeout": {"action": "none", "message": ""}, "timedwarning": {"action": "none", "message": ""}}, "allQuestions": true, "shuffleQuestions": false, "percentPass": 0, "duration": 0, "pickQuestions": 0, "navigation": {"onleave": {"action": "none", "message": ""}, "reverse": true, "allowregen": true, "showresultspage": "oncompletion", "preventleave": true, "browse": true, "showfrontpage": true}, "metadata": {"description": "

Fixed base. Chain base. Laspeyres Price and Quantity. Paache Price and Quantity. Interpretation. 

\n

rebelmaths

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For the years 2008 to 2013 calculate a fixed base index for the rent using 2008 as the base year. (round answers to nearest whole number)

\n\n\n\n\n\n\n\n\n\n\n\n\n
Year200820092010201120122013
\n

Rent

\n

Index Number

\n
[[0]][[1]][[2]] [[3]][[4]][[5]]
\n

 Click on Show steps if you want more information. You will not lose any marks by doing so.

\n

 

", "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "steps": [{"prompt": "

To calculate the index number for a particular year use the following formula

\n

$\\frac{\\text{Value for the year}}{\\text{Value for the base year}}\\times 100$

", "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "showCorrectAnswer": true, "scripts": {}, "marks": 0, "type": "information"}], "gaps": [{"allowFractions": false, "variableReplacements": [], "maxValue": "{a}/{a}*100", "minValue": "{a}/{a}*100", "variableReplacementStrategy": "originalfirst", "correctAnswerFraction": false, "showCorrectAnswer": true, "scripts": {}, "marks": "0.5", "type": "numberentry", "showPrecisionHint": false}, {"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{b}/{a}*100", "strictPrecision": true, "minValue": "{b}/{a}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": "0.5", "type": "numberentry", "showPrecisionHint": false}, {"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{c}/{a}*100", "strictPrecision": true, "minValue": "{c}/{a}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": "0.5", "type": "numberentry", "showPrecisionHint": false}, {"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{d}/{a}*100", "strictPrecision": true, "minValue": "{d}/{a}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": "0.5", "type": "numberentry", "showPrecisionHint": false}, {"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{f}/{a}*100", "strictPrecision": true, "minValue": "{f}/{a}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": "0.5", "type": "numberentry", "showPrecisionHint": false}, {"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{g}/{a}*100", "strictPrecision": true, "minValue": "{g}/{a}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": "0.5", "type": "numberentry", "showPrecisionHint": false}], "showCorrectAnswer": true, "scripts": {}, "marks": 0, "type": "gapfill"}], "statement": "

The table below shows the average weekly rent for residents of a town.

\n\n\n\n\n\n\n\n\n\n\n\n\n
Year200820092010201120122013
Rent €{a}{b}{c} {d}{f}{g}
\n

 

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Fixed Base Index Numbers

\n

rebelmaths

", "licence": "Creative Commons Attribution 4.0 International"}, "type": "question", "showQuestionGroupNames": false, "question_groups": [{"name": "", "pickingStrategy": "all-ordered", "pickQuestions": 0, "questions": []}]}, {"name": "Chain Base Index", "extensions": ["stats"], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Julie Crowley", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/113/"}], "functions": {}, "ungrouped_variables": ["a", "c", "b", "d", "g", "f", "thing"], "tags": ["cr1", "data analysis", "fitted value", "rebelmaths", "regression", "residual value", "sc", "statistics"], "preamble": {"css": "", "js": ""}, "advice": "", "rulesets": {}, "parts": [{"stepsPenalty": 0, "prompt": "

For the years 2008 to 2013 calculate a chain base index for the {thing[0]}. (round answers to nearest whole number)

\n\n\n\n\n\n\n\n\n\n\n\n\n
Year200820092010201120122013
\n

The {thing[0]}

\n

Index Number

\n
-[[0]][[1]] [[2]][[3]][[4]]
\n

 Click on Show steps if you want more information. You will not lose any marks by doing so.

\n

 

", "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "steps": [{"prompt": "

To calculate the index number for a particular year use the following formula

\n

$\\frac{\\text{Value for the year}}{\\text{Value for the previous year}}\\times 100$

", "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "showCorrectAnswer": true, "scripts": {}, "marks": 0, "type": "information"}], "gaps": [{"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{b}/{a}*100", "strictPrecision": true, "minValue": "{b}/{a}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": 1, "type": "numberentry", "showPrecisionHint": false}, {"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{c}/{b}*100", "strictPrecision": true, "minValue": "{c}/{b}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": 1, "type": "numberentry", "showPrecisionHint": false}, {"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{d}/{c}*100", "strictPrecision": true, "minValue": "{d}/{c}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": 1, "type": "numberentry", "showPrecisionHint": false}, {"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{f}/{d}*100", "strictPrecision": true, "minValue": "{f}/{d}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": 1, "type": "numberentry", "showPrecisionHint": false}, {"precisionType": "dp", "precisionMessage": "You have not given your answer to the correct precision.", "allowFractions": false, "variableReplacements": [], "maxValue": "{g}/{f}*100", "strictPrecision": true, "minValue": "{g}/{f}*100", "variableReplacementStrategy": "originalfirst", "precisionPartialCredit": 0, "correctAnswerFraction": false, "showCorrectAnswer": true, "precision": 0, "scripts": {}, "marks": 1, "type": "numberentry", "showPrecisionHint": false}], "showCorrectAnswer": true, "scripts": {}, "marks": 0, "type": "gapfill"}], "statement": "

The table below shows the frequency distribution for {thing[0]}.

\n\n\n\n\n\n\n\n\n\n\n\n\n
Year200820092010201120122013
{thing[0]}{a}{b}{c} {d}{f}{g}
\n

 

", "variable_groups": [], "variablesTest": {"maxRuns": 100, "condition": ""}, "variables": {"a": {"definition": "Random(485..550)", "templateType": "anything", "group": "Ungrouped variables", "name": "a", "description": ""}, "c": {"definition": "Random(500..600)", "templateType": "anything", "group": "Ungrouped variables", "name": "c", "description": ""}, "b": {"definition": "Random(500..600)", "templateType": "anything", "group": "Ungrouped variables", "name": "b", "description": ""}, "d": {"definition": "Random(550..600)", "templateType": "anything", "group": "Ungrouped variables", "name": "d", "description": ""}, "g": {"definition": "Random(600..650)", "templateType": "anything", "group": "Ungrouped variables", "name": "g", "description": ""}, "f": {"definition": "Random(600..650)", "templateType": "anything", "group": "Ungrouped variables", "name": "f", "description": ""}, "thing": {"definition": "random(['average monthly rent ', 'for residents of a town'],['average weekly salary','for employees of a company'])", "templateType": "anything", "group": "Ungrouped variables", "name": "thing", "description": ""}}, "metadata": {"description": "

Chain Base Index Numbers

\n

rebelmaths

", "licence": "Creative Commons Attribution 4.0 International"}, "type": "question", "showQuestionGroupNames": false, "question_groups": [{"name": "", "pickingStrategy": "all-ordered", "pickQuestions": 0, "questions": []}]}, {"name": "Laspeyres Price Index", "extensions": ["stats"], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Julie Crowley", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/113/"}], "functions": {}, "ungrouped_variables": ["qc3", "pa1", "pa2", "pa3", "pb1", "qa3", "pb3", "pb2", "pc2", "pc3", "qa2", "qb2", "qc2", "qb1", "qb3", "pc1", "qa1", "type", "qc1"], "tags": ["cr1", "data analysis", "fitted value", "rebelmaths", "regression", "residual value", "sc", "statistics"], "preamble": {"css": "", "js": ""}, "advice": "", "rulesets": {}, "parts": [{"stepsPenalty": 0, "prompt": "

\n

 Calculate a Laspeyres Price index for 2011, with 2010 as the base year.

\n

", "allowFractions": false, "variableReplacements": [], "maxValue": "{({{pa2}*{qa1}}+{{pb2}*{qb1}}+{{pc2}*{qc1}})/({{pa1}*{qa1}}+{{pb1}*{qb1}}+{{pc1}*{qc1}})*100}+0.5", "minValue": "{({{pa2}*{qa1}}+{{pb2}*{qb1}}+{{pc2}*{qc1}})/({{pa1}*{qa1}}+{{pb1}*{qb1}}+{{pc1}*{qc1}})*100}-0.5", "variableReplacementStrategy": "originalfirst", "steps": [{"prompt": "

Laspeyres Price Index $I=\\frac{\\sum p_n q_0}{\\sum p_0 q_0}$.

\n

Note

\n

- p stands for price and q stands for quantity

\n

- the subscipt 0 refers to the base year and the subscript n refers to the year that the index number is being calculated for.

\n

- $\\sum$ stands for sum of 

\n

It may be helpful to make out columns

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Type$p_n$$q_0$$p_0$$p_n \\times q_0)$$p_0   \\times   q_0$
price for n yearquantity for base yearprice for base year
\n

", "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "showCorrectAnswer": true, "scripts": {}, "marks": 0, "type": "information"}], "correctAnswerFraction": false, "showCorrectAnswer": true, "scripts": {}, "marks": 10, "type": "numberentry", "showPrecisionHint": false}], "statement": "

A company manufactures three types of {type[3]}. The table below shows the prices and quantities sold of the three types of {type[3]} over the three year period 2010-2012.  

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
PricePricePriceQuantityQuantityQuantity
201020112012201020112012
{type[0]}{pa1}{pa2}{pa3}{qa1}{qa2}{qa3}
{type[1]}{pb1}{pb2}{pb3}{qb1}{qb2}{qb3}
{type[2]}{pc1}{pc2}{pc3}{qc1}{qc2}{qc3}
\n

 

", "variable_groups": [], "variablesTest": {"maxRuns": 100, "condition": ""}, "variables": {"qc3": {"definition": "Random(600..700)", "templateType": "anything", "group": "Ungrouped variables", "name": "qc3", "description": ""}, "pa1": {"definition": "Random(6..9#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pa1", "description": ""}, "pa2": {"definition": "Random(6..9#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pa2", "description": ""}, "pa3": {"definition": "Random(6..9#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pa3", "description": ""}, "pb1": {"definition": "Random(11..14#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pb1", "description": ""}, "pb3": {"definition": "Random(11..14#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pb3", "description": ""}, "qa3": {"definition": "Random(200..400)", "templateType": "anything", "group": "Ungrouped variables", "name": "qa3", "description": ""}, "pb2": {"definition": "Random(11..14#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pb2", "description": ""}, "pc2": {"definition": "Random(17..20#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pc2", "description": ""}, "pc3": {"definition": "Random(17..20#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pc3", "description": ""}, "qa2": {"definition": "Random(200..400)", "templateType": "anything", "group": "Ungrouped variables", "name": "qa2", "description": ""}, "qb2": {"definition": "Random(500..600)", "templateType": "anything", "group": "Ungrouped variables", "name": "qb2", "description": ""}, "qc2": {"definition": "Random(600..650)", "templateType": "anything", "group": "Ungrouped variables", "name": "qc2", "description": ""}, "qb1": {"definition": "Random(500..600)", "templateType": "anything", "group": "Ungrouped variables", "name": "qb1", "description": ""}, "qb3": {"definition": "Random(500..600)", "templateType": "anything", "group": "Ungrouped variables", "name": "qb3", "description": ""}, "pc1": {"definition": "Random(17..20#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pc1", "description": ""}, "qa1": {"definition": "Random(200..400)", "templateType": "anything", "group": "Ungrouped variables", "name": "qa1", "description": ""}, "type": {"definition": "random(['2GB ', '8GB','16GB', 'USB keys'],['small','medium', 'large', 'graffiti t-shirts'],['bronze', 'silver','gold', 'medals'])", "templateType": "anything", "group": "Ungrouped variables", "name": "type", "description": ""}, "qc1": {"definition": "Random(600..650)", "templateType": "anything", "group": "Ungrouped variables", "name": "qc1", "description": ""}}, "metadata": {"description": "

Laspeyres Price Index

\n

rebelmaths

", "licence": "Creative Commons Attribution 4.0 International"}, "type": "question", "showQuestionGroupNames": false, "question_groups": [{"name": "", "pickingStrategy": "all-ordered", "pickQuestions": 0, "questions": []}]}, {"name": "Paache Quantity Index", "extensions": ["stats"], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Julie Crowley", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/113/"}], "functions": {}, "ungrouped_variables": ["qc3", "pa1", "pa2", "pa3", "pb1", "qa3", "pb3", "pb2", "pc2", "pc3", "qa2", "qb2", "qc2", "qb1", "qb3", "pc1", "qa1", "type", "qc1"], "tags": ["cr1", "data analysis", "fitted value", "rebelmaths", "regression", "residual value", "sc", "statistics"], "preamble": {"css": "", "js": ""}, "advice": "", "rulesets": {}, "parts": [{"stepsPenalty": 0, "prompt": "

\n

 Calculate a Paache Quantity index for 2012, with 2010 as the base year.

\n

", "allowFractions": false, "variableReplacements": [], "maxValue": "{({{qa3}*{pa3}}+{{qb3}*{pb3}}+{{qc3}*{pc3}})/({{qa1}*{pa3}}+{{qb1}*{pb3}}+{{qc1}*{pc3}})*100}+0.5", "minValue": "{({{qa3}*{pa3}}+{{qb3}*{pb3}}+{{qc3}*{pc3}})/({{qa1}*{pa3}}+{{qb1}*{pb3}}+{{qc1}*{pc3}})*100}-0.5", "variableReplacementStrategy": "originalfirst", "steps": [{"prompt": "

Paasche Price Index $I=\\frac{\\sum q_n p_n}{\\sum q_0 p_n}$.

\n

Note

\n

- p stands for price and q stands for quantity

\n

- the subscipt 0 refers to the base year and the subscript n refers to the year that the index number is being calculated for.

\n

- $\\sum$ stands for sum of 

\n

It may be helpful to make out columns

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Type$p_n$$q_0$$p_0$$p_n \\times q_0$$p_0   \\times   q_0$
price for n yearquantity for base yearprice for base year
\n

", "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "showCorrectAnswer": true, "scripts": {}, "marks": 0, "type": "information"}], "correctAnswerFraction": false, "showCorrectAnswer": true, "scripts": {}, "marks": 10, "type": "numberentry"}], "statement": "

A company manufactures three types of {type[3]}. The table below shows the prices and quantities sold of the three types of {type[3]} over the three year period 2010-2012.  

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
PricePricePriceQuantityQuantityQuantity
201020112012201020112012
{type[0]}{pa1}{pa2}{pa3}{qa1}{qa2}{qa3}
{type[1]}{pb1}{pb2}{pb3}{qb1}{qb2}{qb3}
{type[2]}{pc1}{pc2}{pc3}{qc1}{qc2}{qc3}
\n

 

", "variable_groups": [], "variablesTest": {"maxRuns": 100, "condition": ""}, "variables": {"qc3": {"definition": "Random(600..700)", "templateType": "anything", "group": "Ungrouped variables", "name": "qc3", "description": ""}, "pa1": {"definition": "Random(6..9#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pa1", "description": ""}, "pa2": {"definition": "Random(6..9#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pa2", "description": ""}, "pa3": {"definition": "Random(6..9#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pa3", "description": ""}, "pb1": {"definition": "Random(11..14#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pb1", "description": ""}, "qa3": {"definition": "Random(200..400)", "templateType": "anything", "group": "Ungrouped variables", "name": "qa3", "description": ""}, "pb3": {"definition": "Random(11..14#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pb3", "description": ""}, "pb2": {"definition": "Random(11..14#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pb2", "description": ""}, "pc2": {"definition": "Random(17..20#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pc2", "description": ""}, "pc3": {"definition": "Random(17..20#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pc3", "description": ""}, "qa2": {"definition": "Random(200..400)", "templateType": "anything", "group": "Ungrouped variables", "name": "qa2", "description": ""}, "qb2": {"definition": "Random(500..600)", "templateType": "anything", "group": "Ungrouped variables", "name": "qb2", "description": ""}, "qc2": {"definition": "Random(600..650)", "templateType": "anything", "group": "Ungrouped variables", "name": "qc2", "description": ""}, "qb1": {"definition": "Random(500..600)", "templateType": "anything", "group": "Ungrouped variables", "name": "qb1", "description": ""}, "qb3": {"definition": "Random(500..600)", "templateType": "anything", "group": "Ungrouped variables", "name": "qb3", "description": ""}, "pc1": {"definition": "Random(17..20#0.01)", "templateType": "anything", "group": "Ungrouped variables", "name": "pc1", "description": ""}, "qa1": {"definition": "Random(200..400)", "templateType": "anything", "group": "Ungrouped variables", "name": "qa1", "description": ""}, "type": {"definition": "random(['2GB ', '8GB','16GB', 'USB keys'],['small','medium', 'large', 'graffiti t-shirts'],['bronze', 'silver','gold', 'medals'])", "templateType": "anything", "group": "Ungrouped variables", "name": "type", "description": ""}, "qc1": {"definition": "Random(600..650)", "templateType": "anything", "group": "Ungrouped variables", "name": "qc1", "description": ""}}, "metadata": {"description": "

Laspeyres Price Index

\n

rebelmaths

", "licence": "Creative Commons Attribution 4.0 International"}, "type": "question", "showQuestionGroupNames": false, "question_groups": [{"name": "", "pickingStrategy": "all-ordered", "pickQuestions": 0, "questions": []}]}]}], "contributors": [{"name": "Julie Crowley", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/113/"}], "extensions": ["stats"], "custom_part_types": [], "resources": []}